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re: what is your ideal 401 K balance at retirement?
Posted on 5/2/18 at 6:18 pm to bayou choupique
Posted on 5/2/18 at 6:18 pm to bayou choupique
Hell what I would like and reality aren’t the same. ..,
This post was edited on 5/3/18 at 6:15 am
2
Posted on 5/2/18 at 6:24 pm to webman
There is no way that's right^
This post was edited on 5/2/18 at 6:25 pm
Posted on 5/2/18 at 8:10 pm to webman
quote:
Hell What I would like and reality aren’t the same. If you put the max amount in your 401k starting at say 22 years old ( currently 18,000 ) until your 65 ( over 50 is currently 24,000 ) and you were lucky enough to get a 7% return, you’d still only be at about 925,000. So good luck with a 2 million figure.
Someone doesn’t understand compound interest..
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